Alinma Bank plans to issue AT1 USD-denominated sukuk

25/08/2025 Argaam
Logo ofAlinma Bank

Logo of Alinma Bank 

Alinma Bank said it plans to issue US dollar-denominated additional Tier 1 (AT1) sustainable sukuk under its AT1 Capital Certificate Issuance Programme, according to a statement to Tadawul.

 

For more news on listed companies

 

The move is based on a May 5 board resolution authorizing the CEO to act on behalf of the lender using the necessary powers to issue AT1 sustainable sukuk, the bank explained.

 

The issuance, to be carried out through a special purpose vehicle, aims to strengthen the bank’s Tier 1 capital and support general banking purposes. The size and terms will be set based on market conditions, the bank said.

 

The offering will target qualified investors inside and outside Saudi Arabia and remains subject to regulatory approvals.

 

Alinma Bank appointed Abu Dhabi Islamic Bank (ADIB), Alinma Capital, Dubai Islamic Bank (DIB), Emirates NBD Bank, Goldman Sachs International, J.P. Morgan Securities, and Standard Chartered Bank as joint lead managers for the potential offering.

 

The bank noted the announcement does not constitute an invitation or offer to purchase or subscribe to securities, and said further updates will be disclosed as required.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.